So your question about will there be a big jump from 2 to 3 bedrooms in your available cashflow...this will largely be a factor of the local economics of the market you choose.

Don't wait until you get there to burn that bridge, and I generally don't recommend on being able to always refinance later, because banks change their standards over economic cycles (unless you're pretty golden on LTV, credit, & DTI/DSCR ratios, you're safer.)

If they had to take a 30% haircut on their investment it would provide both a financial emphasis to stick it out for the long term or a significant economic upside for the buyer of that persons stake.

Is it a luxury condo on the higher end, or a more economical option?  

Though as the mills closed and the jobs went away, the city became economically stressed to say the least.  

My recommendation is to choose cities in safe and economically diversified areas with above-average income and population growth.

Last night I attended Riverside City Council and our Economic Development team was asking for approval of two affordable housing projects because the developer was asking for a reduction in land cost and the first-time assistance program of $50,000 which the council approved.

In that same vein, how will that affect Debt-to-Income (i.e. if economic splits are agreed upon can the principal partner capture payouts to the other investors as a management fee)?  

Republicans have long argued that the 2010 bill has suffocated economic growth, crushed banks and limited choices under overbearing, costly rules."

The appraiser said it was economically unfeasible or at best marginally feasible in their report.